News archive from 17 July 2013

‘Independent Scotland credit equal to Switzerland’

‘Independent Scotland credit equal to Switzerland’

AN INDEPENDENT Scotland could have the same "credit-worthiness" as Switzerland, Alex Salmond claimed when he delivered a keynote speech on the Isle of Man last night. The First Minister said Scotland could have the same triple-A credit...

Scotsman, 00:00 in Politics
 
Graham Leicester: NHS and the Nuka option

Graham Leicester: NHS and the Nuka option

A powerful advocate of reform in our health system is backing a little known Alaskan approach to achieve a more responsive service with "customer-owners' at its heart, finds Graham Leicester There were celebrations this month for the 65th...

Scotsman, 00:00 in Politics
 
Leaders: Third way on deterrence has no saving graces

Leaders: Third way on deterrence has no saving graces

FOR decades the debate over whether the UK should have an independent nuclear deterrent has been couched in binary terms. Either we should, or we shouldn't. Now, however, a third option has been floated by a government report prepared at the...

Scotsman, 00:00 in Politics
 
Andrew Whitaker: Workers brassed off by Miliband

Andrew Whitaker: Workers brassed off by Miliband

NEWS coverage of this year's Durham Miners' Gala - the biggest trade union and labour movement event of its kind in the UK - was largely limited to a few column inches in the Sunday newspapers, and sporadic TV bulletins. However, the annual event in...

Scotsman, 00:00 in Politics
 
Joined-up thinking could give Scotland the edge

Joined-up thinking could give Scotland the edge

THERE has been much debate around whether or not the recent UK government spending review was too radical or not radical enough. However, there are some economic truths Scotland cannot get away from. In almost every performance index Scotland lags the...

Scotsman, 00:00 in Politics
 
Alison McGregor: HSBC’s senior figure in Scotland

Alison McGregor: HSBC’s senior figure in Scotland

A BANKER who has previously worked at Barclays and Clydesdale has been named as the new head of HSBC in Scotland. Alison McGregor will take over from Doug Baikie as the banking giant’s Scottish chief executive, just four months after joining the group...

Scotsman, 00:02 in Business
 
Carney escapes formal letter to the Chancellor

Carney escapes formal letter to the Chancellor

Mark Carney, the new Bank of England governor, has narrowly avoided having to write a formal letter to the Chancellor in his first month in the post after inflation rose by less than expected last month. While the consumer prices index (CPI) hit a...

Scotsman, 00:02 in Business
 
Aberdeen oil and gas group agrees $533m takeover

Aberdeen oil and gas group agrees $533m takeover

Reservoir Group, the Aberdeen-based oil and gas services firm, has agreed to a $533 million (£353m) takeover by Australian commercial testing specialist ALS. The group is currently owned by US private equity house SCF Partners and senior management...

Scotsman, 00:02 in Business
 

Top finance role filled at Barclays

Barclays has named JP Morgan Chase veteran Tushar Morzaria as its new finance director, succeeding Chris Lucas who retires in February. The bank said Ugandan-born Morzaria, who is a British citizen, will be paid an annual salary of £800,000 and could...

Scotsman, 00:02 in Business
 

Shrewd investing helps Goldman Sachs deliver doubling in profits

Goldman Sachs has seen its quarterly profit double, beating Wall Street estimates, and boosted by returns from investing the bank's own money. The investing and lending division, which tracks the group’s investments in debt and equity markets,...

Scotsman, 00:02 in Business
 

Watchdog fines Swinton £7.4m over mis-selling

BRITAIN'S biggest high street insurance brokers was fined a record £7.38 million yesterday after mis-selling nearly £100m-worth of policies to more than 650,000 clients. Swinton, which has about 30 of its 600 branches north of the Border, ran an...

Scotsman, 00:02 in Business
 

Scottish shops catch up with British retailers

SCOTLAND'S retail sales figures chalked up their best comparison with the UK since March 2011 as shoppers began digging deeper into their pockets, according to data released today. Warmer weather and a “steady rise in consumer confidence” meant that...

Scotsman, 00:02 in Business
 

Potato sellers upbeat for coming seed season

Despite the rejection of a boat load of Scottish seed potatoes in Egypt earlier this year, Robert Burns, the head of seed and ware exports with the Potato Council, was in upbeat mood yesterday. He said that the 2013 growing crop was now more than...

Scotsman, 00:02 in Business
 

Making the most of land

Livestock farmers who feel their grassland is still suffering from the weather of the past 112 months have been advised to consider re-seeding, with options on sowing brassicas, such as stubble turnips or hybrid rape. By doing so, grassland expert...

Scotsman, 00:02 in Business
 

Scottish quarry firms say tax warrants breach rights

A JUDGEMENT is expected today in an appeal brought by a group of Scottish quarry firms against the taxman in a bid to halt the seizure of millions of pounds of assets. The firms, who have banded together as the British Aggregates Association (BAA),...

Scotsman, 00:02 in Business
 


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